Birdwatch Note Rating
2024-10-16 23:08:33 UTC - NOT_HELPFUL
Rated by Participant: EFF36FD994CC807D8DD67FB37022A8CFB6A1D0EE5FDAF278905167CC2E8FC3DD
Participant Details
Original Note:
Oil prices increased from -$35 a barrel to $55 a barrel in the last 9 months of Trump’s presidency. Oil sits around $70 today, which is a 45% decrease from the 2022 peak of $125. This has not resulted in a reduction in prices of goods so the theory simply is not supported. https://tradingeconomics.com/commodity/crude-oil
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